We need to have a contest as to who can pick closest to the date of the next archived blog. For example, I'll just pick June 21, 2017 "No Paint No Gain" for this coming Friday.
You'd be better to just go to Milan and get your Pirellis there. Last time I was there a woman on a sort of see through dress was wearing a thong while riding a Vespa. Right behind her was a blue Ferrari 430. All of this only a block from the Pirelli building. Trust me, the women in Milan are on...
The plant was great for selling the car because the question of, "Where are you going to build it?" was answered. The error was that they had to start paying a lease and payments for $25M worth of equipment in the plant. So here we are in 2019 and they have been paying for a lease and loan...
This reminds me of the restaurant business. A friend of mine is part of a group that owns a number of high end restaurants in the area. His explanation on how that business goes is quite similar to Elio Motors.
This is where a chef at a restaurant us praised for his excellent food and is...
I look at it differently. I look at it as the sum of errors that has cost the company. Those errors came from lack of experience when it comes to designing a mass produced widget. It's easy to design and implement a small volume product, the real challenge is when you crank up the numbers. I...
I was always under the impression that if you ponied up $1K and did the locked in of $7000 then you got to the end of that tier. I guess not then. Let me then rephrase that then. If I have put $100 down but then decided to put down $1K non refundable, I get to move way up in line as opposed to...
This is what Elio did. The more you spent the further up the line you went. If I was SIL #60,000 and gave just $100, all I had to do is spend another $900 and get to 21,195. That was a bait and switch because in 2013-2015 did anyone tell people that if you, commit to buy and do $1K non...
Then with all of the 360's Elio has done to date, then nobody would have gave the company a dime after 2014, yet they did in record numbers. Just look at the 360's that never bothered anyone. The multitude of production dates, the roll cage, the tube frame, the plastic body, the engine, the...
I think you are confused. I'm talking about the recoding of Eliocoin and it being out by the end of the year. That came from Pat and Paul never responded to that statement. I'm not talking about the first one about people skipping the line with Eliocoin. I know what Elio had in their response...
Here's what I found for Arizona when it came to Paul and Hari. Some are inactive others are not:
ESG - Accuride, LLC (This is a Delaware Corporation)
ESG Consumer Products, INC
ESG - JMARC, LLC
Elio Engineering, INC
Elio Motors Credit Corporation
Elio Motors, INC
Elio Motors, LLC
Pat said they were recoding the Eliocoin and that it would be done at the end of the year. Paul did not say that was false. Plus, right after Pat took some Overstock money and bought $2.5M in Elio stock, Paul started hinting about something that was going to reduce the timeline and financial...
You do realize that Elio Motors filed as a Delaware Corporation back in May of 2017. Thus makes no sense to refile with the State of AZ. Plus there is no requirement for financials when it comes to refiling for a corporation in AZ. I even asked a friend of mine who has had a business in AZ...
Elio Motors is still in business. They are still doing the blog and the website is still up. Plus no announcement that they went out of business. At this point, you maybe missed my previous posts but Elio has at least 10 years of doing what they are doing now before they will have the decision...
If I came out with Schneider Motors tomorrow and presented a similar Elio design and had thr specs of:
1. Engineered to the highest level
2. Up to 100 MPG
3. Has three airbags and targeted 5 star crash rating
4. Base price of a targeted $5K
5. There will be 200 stores in the US
6. pep Boys will...
VPG went belly up too. Luckily AM General bought them and then used their own money to get them back into business. It shows that Elio has found out to move on from the ATVM loan and go with investors. Elio did admit they didn't really need the ATVM loan anyway. It shows because if they really...
Remember, not just Elio but a bunch of other companies.
One list:
https://lincolnparishnewsonline.files.wordpress.com/2010/02/atvm-loansfoia.pdf
Another list (you can download it and see the Elio Motors #1 ATVM loan for $260M back in December 2009)...
A few things to remember. The $531M that Elio calculated back in 2016 is not the same as 2019. Inflation exists and Paul can't keep it from happening. So, it's been 3 years since that update and then in September we learned that amount was to be $120M less. So take $531M and subtract $120M then...